Does Washington Mutual Bank have their customers best interest in mind when applying overdraft charges?

Question

I recently was charged 19 overdraft charges in a period of 10 days by this bank. I was totally unaware that I even had this so calle "protection" in my acccount. So I was charged a total of over 600 dollars. At the same time no one contacted me that my account was being overdrawn. I could have easily transferred the money from my savings. They refuse to return all my money, are these guys crooks?

Answer 1

I totally agree that banks can be very slow in processing overdraft fees and that the fees themselves are pretty outrageous. However, I also think it is up to an individual to watch over their accounts vigilantly. The fees do suck, but it is up to you to take care of it yourself.

Answer 2

Ive no longer in any respect heard of all and sundry interior the U. S. being waiting to and that i hate it, i think of its so ridiculous unfair. seems your interior the united kingdom....i think there you will get your funds decrease back. You extra powerful get solutions from a uk guy or woman to be particular. yet I even have pals there and that they have been waiting to get overdraft rates decrease back, because of the fact a pair years decrease back somebody there took financial organization to courtroom and the courts deemed the fees unreasonable and unfair.

Answer 3

19 overdraft charges, 19 of them & your mad at the bank!!
They did you a favor, your learning the hard way not to write
checks that will bounce!! Thats 19 people who arn't mad at you.
This is YOUR money, its your job to manage your finances.
Wake up, smell the cofffee.......& balance your checkbook.
You get no sympathy from me.

Answer 4

That seems excessive to me. I've had money order deposits that they didn't honor, and got charged like you ,only thank god ,mine weren't as much. Now I pay all my bills by credit card ,and check my balance in my checking account, before I pay that on-line. Works for me.